Playing with Meme coins, is it better to have a small position or a large position? I think a small position might be more suitable for the current stage of speculation.
Yesterday, I used the last 200+ U in a wallet to buy #U402, when the market cap of this coin was 140,000.
Two minutes after buying, it dropped by 50%. If I had invested a few thousand dollars, I would definitely have chosen to cut losses. But when this 200+ U dropped by half, I just smiled and went to take a nap. When I woke up, it had directly risen to over 6000 U! I decisively sold half, happily treated myself to a meal at Haidilao, and the long-lost feeling of making money left me a bit dazed.
With so many Meme coins every day, it's unrealistic to think one can get rich quick with a single coin. I need to change my strategy, like ants moving, using small funds to try multiple times and improve my winning rate.
Yesterday, I used the last 200+ U in a wallet to buy #U402, when the market cap of this coin was 140,000.
Two minutes after buying, it dropped by 50%. If I had invested a few thousand dollars, I would definitely have chosen to cut losses. But when this 200+ U dropped by half, I just smiled and went to take a nap. When I woke up, it had directly risen to over 6000 U! I decisively sold half, happily treated myself to a meal at Haidilao, and the long-lost feeling of making money left me a bit dazed.
With so many Meme coins every day, it's unrealistic to think one can get rich quick with a single coin. I need to change my strategy, like ants moving, using small funds to try multiple times and improve my winning rate.